May 9, 2018

We don’t know what climate change will cost — that doesn’t mean we can ignore it

Professor Robert S. Pindyck of MIT and Professor James H. Stock of Harvard University discuss the importance of the social cost of carbon in a new piece on TheHill.

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May 1, 2018

Electricity Market Design with Renewables

A new paper compares EU and US electricity market designs, arguing for a focus on correct price formation in the short-term to incentivize investments and reliability. Increased demand-side participation, improved pricing during scarcity, and a transition from technology-specific renewables subsidies towards adequate pricing of carbon emissions, are key to achieving a market-compatible integration of renewable energy.

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March 20, 2018

Restructuring Revisited: Competition and Coordination in Electricity Distribution Systems

In light of the decentralization of the power sector, a new CEEPR Working Paper carefully considers how industry structure regulations impacts competition, market development, and the efficiency of investments in and operations of network infrastructure and connected resources.

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March 7, 2018

Power Sector Reform and Corruption: Evidence from Sub-Saharan Africa

In this paper, the authors conduct an econometric analysis of the performance of reforms in terms of efficiency, welfare, and economic development in 47 countries in Sub-Saharan Africa between 2002 and 2013.

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February 21, 2018

3 Questions: The Future of Nuclear Energy

Jacopo Buongiorno and John Parsons, co-directors of the MITEI LCEC for Advanced Nuclear Energy Systems, discuss how to overcome the challenges and realize the benefits of expanding nuclear power.

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February 7, 2018

Reforming Electricity Markets for the Transition: Emerging Lessons from the UK’s Bold Experiment

In 2013, the UK introduced radical market reform to meet the new challenges – a change which some critics denounced as a return to central planning, whilst others feared the costs. The results to date suggest that EMR is a step forwards, not backwards; but it is not the end of the story.

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